CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0164%/8h= +18.0% APRnext payment +$0.21 per $10,000 · paid last 24h +0.059%

Price spread now: Arcus against SoDEX−0.004%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SoDEX Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX CRCL-USD	93.224	0.0050	pay 0.0006% / 1h	49m 00s	$47K	$3K	10x
Short	Arcus CRCL-USD	93.220	0.0214	get 0.0027% / 1h	49m 00s	$94K	$212K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against SoDEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee SoDEXbpFee ArcusbpOrdersPrice spread, now −0.004%Rate

Funding earned: $34.51
Price spread: −0.004% → 0.000%: −$0.43
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: $21.58
Costs to cover: 0.125%
Break-even: 2.6 days

Slippage unknown: SoDEX: no order-book sample; Arcus: live order book, 62 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SoDEX no order-book sample	—	—	—	—	—
Sell Arcus live order book, 62 min ago	2.72 bp	6.0 bp −$6	6.0 bp −$60	doesn't fit	doesn't fit

SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CRCL on 34 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International CRCL-PERP-INTX	−0.0048%	1h	92.950	−0.294%	$869K	$749K	10x	as long as short
Vest CRCL-USD-PERP	−0.0006%	1h	93.220	−0.004%	—	$30K	25x	as long as short
Bybit CRCLUSDT	0.0000%	8h	93.220	−0.004%	$15.1M	$25.1M	50x	as long as short
Bitget CRCLUSDT	0.0000%	8h	93.240	+0.017%	$18.6M	$33.4M	25x	as long as short
Deribit CRCL_USDC-PERPETUAL	0.0000%	1h	93.220	−0.004%	$5K	$415K	10x	as long as short
Phemex CRCLUSDT	0.0000%	4h	93.220	−0.004%	$1.0M	$45K	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	93.274	+0.054%	$1.0M	$2.5M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0041%	1h	93.141	−0.089%	$2K	$29K	5x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	93.175	−0.053%	$68.1M	$40.2M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	93.233	+0.010%	$383K	$847K	10x	as long as short

Show all 34 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX CRCL-USDlong	+0.0050%	1h	93.224	long leg	$47K	$3K	10x
Ondo Perps CRCL-USD.P	+0.0050%	1h	93.200	−0.026%	$1.0M	$3.8M	10x	as long as short
QFEX CRCL-USD	+0.0055%	1h	93.230	+0.006%	$1.3M	$1.6M	10x	as long as short
Injective CRCL/USDC PERP	+0.0072%	1h	92.090	−1.216%	$38K	$172K	30x	as long as short
Gate CRCL_USDT	+0.0092%	8h	93.280	+0.060%	$7.6M	$25.3M	50x	as long as short
Pacifica CRCL	+0.0100%	1h	93.227	+0.003%	$140K	$139K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	93.200	−0.026%	$2.6M	$1.6M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	93.110	−0.122%	$68K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	93.220	−0.004%	$929	$1K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	93.244	+0.021%	$4	—	10x	as long as short
Paradex CRCL-USD-PERP	+0.0116%	8h	93.241	+0.019%	$429	$477	5x	as long as short
Phoenix CRCL	+0.0197%	1h	93.210	−0.015%	$28K	$66K	10x	as long as short
Arcus CRCL-USDshort	+0.0214%	1h	93.220	−0.004%	$94K	$212K	10x
Nado CRCL-PERP	+0.0271%	1h	93.221	−0.003%	$155K	$94K	3x	as long as short
Lighter CRCL	+0.0272%	1h	93.304	+0.086%	$3.0M	$2.1M	10x	as long as short
Variational Omni CRCL	+0.0308%	8h	93.171	−0.057%	$2.5M	$3.3M	—	as long as short
OKX CRCL-USDT-SWAP	+0.0320%	8h	93.220	−0.004%	$23.0M	$57.1M	50x	as long as short
Aster CRCLUSDT	+0.0385%	8h	93.177	−0.051%	$1.1M	$4.5M	20x	as long as short
Extended CRCL_24_5-USD	+0.0392%	1h	93.199	−0.027%	$1.1M	$4.0M	10x	as long as short
Binance CRCLUSDT	+0.0395%	8h	93.240	+0.017%	$107.9M	$351.8M	50x	as long as short
BloFin CRCL-USDT	+0.0514%	8h	93.230	+0.006%	$1.1M	$1.7M	20x	as long as short
RISEx CRCL/USDC	+0.0528%	1h	93.245	+0.023%	$418K	$235K	10x	as long as short
edgeX CRCLUSDC	+0.0752%	4h	93.110	−0.123%	$53K	$269K	10x	as long as short
GRVT CRCL_USDT_Perp	+0.0793%	8h	93.146	−0.084%	$61K	$1.0M	10x	as long as short